Devil has it's own signature :) And 66.666 came up couple of times during the last week. This time it matches the mid-line of the upward channel. Don't get me wrong, i didn't work around this number, it was just very close to the intersections. So, my previous analysis is still in play and should this be a distribution, we will reverse at around 66.666 and...
Hi all, We are still in the upward channel and Bitcoin is entering the sideways trading range set by ST and AR. In between the two, the strongest support is at 60.943 which is the POC of this trading range for about a month now. The composite man will want to take down this support and liquidate longs before bouncing. That's where i'm planning to buy at...
Hello, sleepless nights! I was searching for distribution schematics and found this uncommon but perfectly matching distribution schematic. Coupled with TOTT sell signal, i decided to cancel my limit orders and abide with TOTT, so i'm fully in cash. Bad news is, if we take down SOW, it's game over. Right now, we are still in the channel and let's hope we don't...
Bitcoin - Wyckoff distribution (double top). Possible correction to 58000 and more.
Is this distribution or is this just normal market structure that I am putting under a microscope. It doesn't look 100% like the picture but markets rarely play out that perfectly. Love to hear peoples insight.
Hello my beauties. Ethereum seems to have entered a range, and I'll be monitoring price action to see if the distribution Wyckoff schematics will provide us with the events that would confirm a short entry. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think...
UPST-- bearish territory started. Might go down in waves. But the descend is on. The wild ride or more than 1000% gains since the beginning of the year are about to end. There will be a profit-taking cycle happening. Few data points, 1) 9 EMA crossing below 23 EMA 2) Price is not able to break above the trendline from recent highs. Forming lower...
Hello my beauties. I think S&P500 has entered a phase of distribution, volatility has increased strongly and the price seems to be reacting to a newly formed range. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with...
Hello my beauties. Usoil has created some clear distribution schematics targeting the low indicated by the red arrow based on an exact measurement of the volatility in the trading range in red. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am...
COINBASE:BTCUSD BTC looking like it wants to retest previous resistances most likely the 53k - 55k region. This is based off of the Richard Wyckoff Theory of Distribution. Bearish short to mid term but long term this is a healthy correction.
Hi Traders, See above my video explaining my thoughts around EUR/USD and wyckoff for a potential short. Please leave a comment and let me know your thoughts. TH from RT-Trading.
Hi Traders, Above I have done a video showing my thoughts around gold and a possible opportunity that lies within. Please let me know your thoughts in the comment section below as well as check out further below for more details. Have a great weekend. TH from RT-Trading.
Hello my beauties. Here's an idea based on Wyckoff schematics about Crude Oil. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
The technical figure Pennant can be found in Spanish company Amadeus IT Group S.A. (AMS.mc) at daily chart. Amadeus IT Group, S.A. is a major Spanish IT provider for the global travel and tourism industry. The company is structured around two areas: its global distribution system and its Information Technology business. Amadeus provides search, pricing, booking,...
Hello my beauties. For educational purposes, I wanted to publish yesterday's price action on USOIL, as a 15 mins Wyckoff distribution played out perfectly. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
Hello my beauties. It seems to me like the price could forming distribution schematics. The arrows are indicating more or less the events associated with a fully developed Wyckoff distribution, not an accurate prediction of what I expect the price to do. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a...
A study of Wyckoff Accumulation Schematic #1 and comparison to previous distribution. It is possible that we have entered Phase D of a Wyckoff accumulation - an upthrust following a successful test of the spring from 28.7k (confirmed higher low on lower volume). We may now look for signs of an LPS/BU. The current move from the test somewhat mirrors 14th - 18th...
Hello TradingView Family, this is Rich and I found DXY H4 chart interesting, following the famous/great Wyckoff Cycle as per Richard Wyckoff. First, What is Wyckoff Cycle? - Accumulation Phase The Accumulation stage is caused by increased institutional demand. Bulls are slowly gaining power and as a result, they are poised to push prices higher. - Markup...